The pound remained in limbo today without any economic data and the aftermath of EU trade talks which continue to drag on. All our GBP pairs were technically Dom long but we had restricted trend momentum on poor ICS Balances.
There was also conflict in the Dom short EUR/AUD but in all cases the Doms ruled, as they also did in the Dax which was helped on by positive German data at 7am.
Wednesday saw a reasonable maximum potential of 675 points from specific Max Day Trading time/trend entries within our five instruments from the UK morning session alone, with a minimum target of just 30.
A TEN PERCENT target of this figure would have yielded 67 net points from specific Max Day Trading time/trend entries, with many additional opportunities in the US morning (UK afternoon) and US afternoon (UK evening) sessions.
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